Alaska Statutes (Last Updated: January 11, 2017) |
Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
Chapter 06.45. ALASKA CREDIT UNION ACT. |
Section 06.45.270. Conflict of interest.
Latest version.
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(a) A member of the board of directors or a member of the credit committee or supervisory committee or an employee of a credit union may not participate in the deliberation or the determination of a question affecting the person's own pecuniary interest or the pecuniary interest of a corporation, partnership, or association in which the person is interested.
(b) A person who violates (a) of this section may not thereafter serve as an officer, agent, or employee of a credit union.